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LXi REIT acquires €2.35 million supported living portfolio

LXi REIT has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Greater Manchester, Lancashire and Merseyside. The purchase price for the portfolio is €2.35 million (£2.1 million), reflecting a net initial yield of 6.0% (net of acquisition costs to the…

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